Full-Time

Finance Systems Associate

Posted on 8/21/2024

MarketAxess

MarketAxess

501-1,000 employees

Electronic trading platform for fixed-income markets

Data & Analytics
Financial Services

Compensation Overview

$80k - $115kAnnually

+ Annual Cash Incentives + Equity + Other Benefit Programs

Junior, Mid

New York, NY, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Data Science
Salesforce
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor's degree in finance or related field
  • 2+ years’ experience in corporate finance; experience from financial services preferred
  • Masters Degree in information systems, computer science, data science, Applied Analytics, finance, or equivalent experience
  • Experience in building and/or leveraging existing cost and profitability models
  • Experience in business systems administration, system integrations, or process engineering
  • Confidence in using or learning web-scraping, data structures, data modeling, and API connections
  • Strong organizational and time management skills
  • Expert proficiency in Excel
Responsibilities
  • Assist with the build and maintenance of a custom cost and profitability model to be leveraged by the FP&A team for better forecasting and reporting
  • Day-to-day ownership, maintenance, and enhancements to existing finance system and integration environment (Domo, Adaptive Planning, NetSuite, Concur, Accrualify, Salesforce, Monday.com)
  • Analyze current systems and processes within the finance organization to identify opportunities for process improvement and system enhancement / optimization
  • Design and implement visualizations for management reporting using industry best practices
  • Utilize Excel to understand and manipulate large data sets

MarketAxess operates an electronic trading platform focused on fixed-income markets, allowing institutions to trade bonds more efficiently. The platform connects over 2,000 firms, including asset managers and broker-dealers, who use its patented technology to enhance liquidity and improve execution quality. A key feature is the Open Trading™ marketplace, which facilitates all-to-all trading, creating a diverse liquidity pool for credit market participants. Additionally, MarketAxess provides automated trading solutions, market data products, and various pre- and post-trade services, leveraging its extensive data resources. Unlike competitors, MarketAxess emphasizes a unique trading environment that fosters collaboration among a wide range of market participants. The company's goal is to streamline bond trading processes, reduce costs, and enhance overall market efficiency.

Company Stage

IPO

Total Funding

$41.1K

Headquarters

New York City, New York

Founded

2000

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased electronic trading adoption in emerging markets boosts MarketAxess' growth potential.
  • Integration with S&P Global enhances MarketAxess' market data offerings for clients.
  • Recent investments indicate strong investor confidence in MarketAxess' future growth.

What critics are saying

  • Competition from platforms like Tradeweb and Bloomberg may erode MarketAxess' market share.
  • Leadership changes could lead to strategic shifts or instability within the company.
  • Expansion into emerging markets exposes MarketAxess to geopolitical risks and currency volatility.

What makes MarketAxess unique

  • MarketAxess' Open Trading™ is a unique all-to-all trading solution in credit markets.
  • The platform offers comprehensive pre- and post-trade services, enhancing client trading efficiency.
  • MarketAxess integrates extensive market data and analytics, providing superior insights to clients.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Company Match

Employee Stock Purchase Plan

Wellness Program

Mental Health Support

Tuition Assistance and Professional Development

Onsite Healthcare

Generous Parental Leave

INACTIVE